Multiple Choice
If the standard quantity of materials is 84,500 units at $0.15 per unit and the actual quantity is 95,000 units at $0.12 per unit,then the total materials cost variance is:
A) $2,850 Favorable.
B) $1,575 Unfavorable.
C) $1,275 Favorable.
D) $2,850 Unfavorable.
Correct Answer:

Verified
Correct Answer:
Verified
Q96: A large favorable variance from standard costs
Q97: When standard costs are used in a
Q98: The overhead spending variance:<br>A)Occurs automatically whenever actual
Q99: Controlling the materials price variance is usually
Q100: Standard cost system labor variance<br>The following computations
Q102: [The following information applies to the questions
Q103: Roman's labor rate variance for July is:<br>A)$1,250
Q104: Using more direct labor hours for units
Q105: In a system designed to measure cost
Q106: [The following information applies to the questions